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Form 8.3 - International Paper Company

24th Jul 2024 15:22

RNS Number : 7095X
Barclays PLC
24 July 2024
 

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR

MORE

Rule 8.3 of the Takeover Code (the "Code")

1.

KEY INFORMATION

(a)

Full name of discloser:

Barclays PLC.

(b)

Owner or controller of interest and short

positions disclosed, if different from 1(a):

(c)

Name of offeror/offeree in relation to whose

INTERNATIONAL PAPER COMPANY

relevant securities this form relates:

(d)

If an exempt fund manager connected with an

offeror/offeree, state this and specify identity of

offeror/offeree:

(e)

Date position held/dealing undertaken:

23 Jul 2024

(f)

In addition to the company in 1(c) above, is the discloser making

YES:

disclosures in respect of any other party to the offer?

DS SMITH PLC

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(a)

Interests and short positions in the relevant securities of the offeror or offeree

to which the disclosure relates following the dealing(if any)

Class of relevant security:

common stock

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

827,347

0.24%

411,473

0.12%

(2)

Cash-settled derivatives:

and/or controlled:

76,162

0.02%

0

0.00%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

24,700

0.01%

TOTAL:

903,509

0.26%

436,173

0.13%

(b)

Rights to subscribe for new securities (including directors and other executive

options)

Class of relevant security in relation to

which subscription right exists

Details, including nature of the rights

concerned and relevant percentages:

3.

DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a)

Purchases and sales

Class of relevant

Purchase/sale

Number of

Price per unit

security

securities

common stock

Purchase

176,681

45.9174 USD

common stock

Purchase

148,956

45.8666 USD

common stock

Purchase

92,186

45.8919 USD

common stock

Purchase

50,889

45.9466 USD

common stock

Purchase

50,248

45.9419 USD

common stock

Purchase

49,473

45.9083 USD

common stock

Purchase

38,137

45.9118 USD

common stock

Purchase

36,772

45.8904 USD

common stock

Purchase

25,949

45.9387 USD

common stock

Purchase

23,842

45.8975 USD

common stock

Purchase

8,202

45.8866 USD

common stock

Purchase

8,155

45.9105 USD

common stock

Purchase

6,798

45.9200 USD

common stock

Purchase

5,794

45.8250 USD

common stock

Purchase

4,536

45.8885 USD

common stock

Purchase

3,911

45.8252 USD

common stock

Purchase

3,512

45.8860 USD

common stock

Purchase

3,120

45.8772 USD

common stock

Purchase

2,570

45.8881 USD

common stock

Purchase

2,519

45.8604 USD

common stock

Purchase

1,621

45.8774 USD

common stock

Purchase

1,211

45.8041 USD

common stock

Purchase

1,155

45.9434 USD

common stock

Purchase

660

45.9271 USD

common stock

Purchase

591

45.8234 USD

common stock

Purchase

389

45.9178 USD

common stock

Purchase

356

45.8530 USD

common stock

Purchase

291

45.9525 USD

common stock

Purchase

252

45.9359 USD

common stock

Purchase

250

46.2000 USD

common stock

Purchase

245

45.8345 USD

common stock

Purchase

202

45.9892 USD

common stock

Purchase

200

45.8750 USD

common stock

Purchase

133

46.0185 USD

common stock

Purchase

109

46.0300 USD

common stock

Purchase

100

46.0400 USD

common stock

Purchase

100

45.9250 USD

common stock

Purchase

100

45.8800 USD

common stock

Purchase

100

45.9300 USD

common stock

Purchase

65

46.0323 USD

common stock

Purchase

41

45.9000 USD

common stock

Purchase

17

46.3488 USD

common stock

Purchase

1

46.0000 USD

common stock

Sale

217,881

45.9377 USD

common stock

Sale

73,358

45.9008 USD

common stock

Sale

62,162

45.8952 USD

common stock

Sale

60,288

45.9105 USD

common stock

Sale

49,473

45.9083 USD

common stock

Sale

30,766

45.8713 USD

common stock

Sale

30,106

45.8557 USD

common stock

Sale

26,864

45.8992 USD

common stock

Sale

25,592

45.8492 USD

common stock

Sale

22,864

45.9375 USD

common stock

Sale

19,786

45.8936 USD

common stock

Sale

19,576

45.9255 USD

common stock

Sale

10,866

45.8478 USD

common stock

Sale

10,691

45.8130 USD

common stock

Sale

10,514

45.9200 USD

common stock

Sale

10,224

45.8329 USD

common stock

Sale

8,767

45.9189 USD

common stock

Sale

7,983

45.8301 USD

common stock

Sale

5,843

45.8785 USD

common stock

Sale

4,558

45.8700 USD

common stock

Sale

4,329

45.8440 USD

common stock

Sale

4,061

45.8932 USD

common stock

Sale

3,307

45.7911 USD

common stock

Sale

3,010

45.8139 USD

common stock

Sale

2,760

45.9052 USD

common stock

Sale

2,504

45.8093 USD

common stock

Sale

2,255

45.8850 USD

common stock

Sale

2,055

45.9021 USD

common stock

Sale

1,982

45.8277 USD

common stock

Sale

1,857

45.8428 USD

common stock

Sale

1,806

45.8877 USD

common stock

Sale

1,312

45.9209 USD

common stock

Sale

1,258

45.8405 USD

common stock

Sale

1,234

45.9118 USD

common stock

Sale

1,207

45.8577 USD

common stock

Sale

1,054

45.8868 USD

common stock

Sale

955

45.9569 USD

common stock

Sale

911

45.8522 USD

common stock

Sale

801

45.8882 USD

common stock

Sale

609

45.8821 USD

common stock

Sale

450

45.8255 USD

common stock

Sale

402

45.8626 USD

common stock

Sale

400

45.7850 USD

common stock

Sale

400

45.8900 USD

common stock

Sale

389

45.9178 USD

common stock

Sale

356

45.8530 USD

common stock

Sale

300

45.9333 USD

common stock

Sale

263

45.8532 USD

common stock

Sale

250

46.2000 USD

common stock

Sale

217

45.8155 USD

common stock

Sale

200

45.6850 USD

common stock

Sale

200

45.8787 USD

common stock

Sale

200

45.9250 USD

common stock

Sale

170

45.8665 USD

common stock

Sale

141

45.8425 USD

common stock

Sale

110

45.6636 USD

common stock

Sale

100

45.8800 USD

common stock

Sale

100

46.0300 USD

common stock

Sale

100

45.6600 USD

common stock

Sale

19

45.7694 USD

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class

Product

Writing,

Number

Exercise

Type

Expiry

Option

of

description

purchasing,

of

price

date

money

relevant

selling,

securities

per unit

paid/

security

varying etc

to which

received

option

per unit

relates

common stock

Call Options

Selling

1,900

48.0000 USD

American

02 Aug 2024

0.4000 USD

common stock

Call Options

Selling

14,000

49.0000 USD

American

02 Aug 2024

0.3000 USD

(ii)

Exercising

Class of relevant

Product description

Exercising/ exercised against

Number of

Exercise price per

security

securities

unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant

Nature of Dealings

Details

Price per unit (if

security

applicable)

4.

OTHER INFORMATION

(a)

Indemnity and other dealings arrangements

Details of any indemnity or option arrangement, or any agreement or understanding,

formal or informal, relating to relevant securities which may be an inducement to deal

or refrain from dealing entered into by the exempt principal trader making the disclosure and any party

to the offer or any person acting in concert with a party to the offer:

NONE

(b)

Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between

the person making the disclosure and any other person relating to:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights of future acquisition or disposal of any relevant securities to which

any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

YES

Date of disclosure:

24 Jul 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

DETAILS OF OPEN OPTION AND DERIVATIVE POSITIONS, AGREEMENTS TO

PURCHASE OR SELL ETC.

Note 5(i) on Rule 8 of the Takeover Code (the "Code")

1.

KEY INFORMATION

Identity of the person whose positions/dealings

Barclays PLC.

are being disclosed:

Name of offeror/offeree in relation to whose

INTERNATIONAL PAPER CO

relevant securities this from relates:

2.

OPTIONS AND DERIVATIVES

Class of relevant security

Product description

Writing, purchasing, selling, varying etc

Number of securities to which option relates

Exercise price per unit

Type

Expiry date

common stock

Put Options

Purchased

-24,700

43.0000

American

16 Aug 2024

3.

AGREEMENTS TO PURCHASE OR SELL ETC.

Full details should be given so that the nature of the interest or position can be fully understood:

 

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END
 
 
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